E.ON and GE Energy Financial Services Partner to Complete GE-Powered Wind Farm, in Texas Panhandle

David Nason, president and CEO of GE Energy Financial Services, said, “Combining investment and technology for the Grandview wind project builds on our long-term relationship with EC&RNA and supports the growth of this important customer and GE.” GE Energy Financial Services holds a portfolio of approximately 12 gigawatts of wind power projects in operation or under construction.

The Grandview I wind farm will generate enough electricity to power approximately 64,000 homes – according to US Energy Environmental Protection Agency methodology – avoiding approximately 482,000 metric tons of greenhouse gas emissions per year, the equivalent of the annual emissions from approximately 100,000 US passenger vehicles. The project will create about 250-300 construction jobs this year and 10-12 permanent in Carson County.

E.ON is one of the world’s largest investor-owned power and gas companies, with annual sales of 122 billion Euros and more than 62,000 employees.

E.ON Climate & Renewables (EC&R), headquartered in Essen, Germany, is responsible for E.ON’s large-scale renewable energy activities. EC&R plays a leading role in the development of the renewable industry worldwide and is already active in onshore and offshore wind, and photovoltaic solar power.